
Persimmon’s Home Sales Hit by Labor and Materials Shortages
Persimmon Plc, the UK’s largest homebuilder, reported lower than expected home sales in the first half of the year as the company faced planning delays, materials and labour shortages.
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Persimmon Plc, the UK’s largest homebuilder, reported lower than expected home sales in the first half of the year as the company faced planning delays, materials and labour shortages.
UK house prices continued to shrug off cost of living fears in June, posting the biggest monthly rise since early 2007, according to Halifax.
Charlene Chu, famed among China watchers for warning about a debt bubble when at Fitch Ratings, says that pain is only just beginning for credit extended to Chinese property.
(Bloomberg) -- Signs are mounting that China’s economy shrank in the second quarter for the first time since 2020, placing the nation’s official statistics under fresh scrutiny as analysts bet the government will avoid acknowledging that slump.
The Quebec Professional Association of Real Estate Brokers says June's Montreal home sales dropped 11 per cent since the same time last year, but the market is still favouring sellers.
Jan 13, 2022
Bloomberg News
,(Bloomberg) -- Former U.S. Commerce Secretary Wilbur Ross and billionaire Steve Wynn are scheduled to hold a fundraiser for Mehmet Oz, the celebrity physician running for a Pennsylvania U.S. Senate seat, in Florida next week.
The event, with tickets at the maximum $2,900 per person for the primary, is set for Jan. 21 in Palm Beach, according to a person familiar who asked not to be named. Ross served in former president Donald Trump’s administration.
Oz, who rose to national fame as host of the “Dr. Oz” television show, announced in November that he was jumping into Pennsylvania’s Republican primary to replace retiring Republican U.S. Senator Pat Toomey.
Earlier Thursday, David McCormick officially announced that he was entering Pennsylvania’s Republican primary as well. McCormick has tapped a number of former officials from Trump’s administration for his campaign, including Hope Hicks, Stephen Miller and Cliff Sims.
The crowded Pennsylvania GOP primary field also includes Carla Sands, who was Trump’s ambassador to Denmark; real estate investor Jeff Bartos; and conservative political commentator Kathy Barnette.
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